Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.
Outlined bar is the consensus estimate; solid is reported.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| Q1 26 | -$0.05 | $0.06 | +220.0% | — | $173.1M | — |
| Q4 25 | $0.03 | $0.08 | +166.7% | — | $173.4M | — |
| Q3 25 | $0.05 | $0.06 | +20.0% | — | $161.6M | — |
| Q2 25 | $0.01 | $0.03 | +200.0% | — | $152.2M | — |
| Q1 25 | -$0.05 | $0.01 | +120.0% | — | $136.4M | — |
| Q4 24 | $0.14 | $0.18 | +28.6% | — | $158.5M | — |
| Q3 24 | $0.07 | $0.1 | +42.9% | — | $148.1M | — |
| Q2 24 | -$0.02 | $0.05 | +350.0% | — | $130.3M | — |
| Q1 24 | -$0.09 | -$0.03 | +66.7% | — | $114M | — |
| Q4 23 | $0.23 | $0.27 | +17.4% | — | $154.1M | — |
| Q3 23 | $0.02 | $0.08 | +300.0% | — | $122.3M | — |
| Q2 23 | $0.02 | $0.01 | -50.0% | — | $115.4M | — |
| Q4 22 | $0.17 | $0.21 | +23.5% | — | $142.6M | — |
| Q3 22 | $0.06 | $0.05 | -16.7% | — | $123.3M | — |
| Q1 22 | -$0.1 | -$0.09 | +10.0% | — | $96.3M | — |
| Q4 21 | $0.13 | $0.16 | +23.1% | — | $126.6M | — |
Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| FY25 | — | -$1.13 | — | — | $623.5M | — |
| FY24 | — | -$0.86 | — | — | $551M | — |
| FY23 | — | -$0.92 | — | — | $499.2M | — |
| FY22 | — | -$1.14 | — | — | $473.6M |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $165.9M | $215.4M | $270.3M | $254.2M | $292.7M | $390.1M | $473.6M | $499.2M | $551M | $623.5M |
| YoY change | +30.4% | +29.9% | +25.5% | -5.96% | +15.1% | +33.3% | +21.4% | +5.39% | +10.4% | +13.2% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 165.9M | 215.4M | 270.3M | 254.2M | 292.7M | 390.1M | 473.6M | 499.2M | 551M | 623.5M |
| Cost of revenue | 15.7M | 20.7M | 27.7M | 35.1M | 44.3M | 59.4M | 69.8M | 71.8M | 93.8M | 132M |
| Gross profit | 150.1M | 194.7M | 242.6M | 219M | 248.4M | 330.7M | 403.8M | 427.4M | 457.1M | 491.6M |
| Gross margin | 90.5% | 90.4% | 89.8% | 86.2% | 84.9% | 84.8% | 85.3% | 85.6% | 83% | 78.8% |
| Research & development | 36.7M | 47.4M | 70M | 80.8M | 99.4M | 137.9M | 177.9M | 183.8M | 196.8M | 237.8M |
| Selling, general & administrative | 125.5M | 160.7M | 201.8M | 214.3M | 227.5M | 291.5M | 347.1M | 360.8M | 378M | 400.3M |
| Operating expenses | 162.1M | 208.1M | 271.7M | 295M | 326.8M | 429.4M | 525M | 544.6M | 574.8M | 638.1M |
| Operating income | -12M | -13.4M | -29.1M | -76M | -78.4M | -98.7M | -121.2M | -117.2M | -117.7M | -146.5M |
| Operating margin | -7.23% | -6.23% | -10.8% | -29.9% | -26.8% | -25.3% | -25.6% | -23.5% | -21.4% | -23.5% |
| Non-operating income, net | -1.2M | 1.8M | -574K | -2.2M | -1.7M | -1.7M | 5.1M | 916K | 11.9M | -7.1M |
| Pretax income | -12.9M | -11.1M | -28.2M | -76.4M | -85.9M | -110.8M | -110.8M | -86.9M | -83M | -116.3M |
| Income tax | 1.3M | 2.8M | 413K | 2.4M | 8.1M | 6M | 13.7M | 14M | 12.8M | 13M |
| Net income | -14.2M | -13.8M | -28.6M | -78.8M | -94M | -116.9M | -124.5M | -100.9M | -95.8M | -129.3M |
| Net margin | -8.56% | -6.43% | -10.6% | -31% | -32.1% | -30% | -26.3% | -20.2% | -17.4% | -20.7% |
| EBITDA | -8.6M | -11.9M | -24.4M | -67.8M | -67.9M | -95.1M | -100.6M | -72.9M | -66.5M | -90.3M |
| EPS | -0.22 | -0.17 | -0.33 | -0.87 | -1 | -1.11 | -1.14 | -0.92 | -0.86 | -1.13 |
| Diluted EPS | -0.22 | -0.17 | -0.33 | -0.87 | -1 | -1.11 | -1.14 | -0.92 | -0.86 | -1.13 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 122.3M | 154.1M | 114M | 130.3M | 148.1M | 158.5M | 136.4M | 152.2M | 161.6M | 173.4M | 173.1M | 180M |
| Cost of revenue | 17.4M | 19.3M | 21.3M | 22.4M | 24M | 26.1M | 29M | 31.2M | 35.1M | 36.6M | 41.6M | 44.5M |
| Gross profit | 104.9M | 134.8M | 92.7M | 107.9M | 124.1M | 132.5M | 107.4M | 120.9M | 126.4M | 136.8M | 131.6M | 135.5M |
| Gross margin | 85.8% | 87.4% | 81.3% | 82.8% | 83.8% | 83.6% | 78.7% | 79.5% | 78.2% | 78.9% | 76% | 75.3% |
| Research & development | 44.8M | 48.1M | 47.8M | 44.9M | 53.5M | 50.5M | 54.2M | 56.2M | 62.7M | 64.6M | 69.8M | 73.3M |
| Selling, general & administrative | 89.3M | 91.9M | 92.5M | 91.8M | 94.2M | 99.5M | 97M | 101.2M | 99.6M | 102.5M | 105.2M | 102.8M |
| Operating expenses | 134.1M | 140M | 140.3M | 136.7M | 147.7M | 150M | 151.2M | 157.5M | 162.4M | 167.1M | 175M | 176.1M |
| Operating income | -29.1M | -5.2M | -47.6M | -28.8M | -23.6M | -17.6M | -43.8M | -36.6M | -35.9M | -30.3M | -44.5M | -40.6M |
| Operating margin | -23.8% | -3.4% | -41.8% | -22.1% | -16% | -11.1% | -32.1% | -24% | -22.2% | -17.5% | -25.7% | -22.6% |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — | — | — |
| Pretax income | -20.5M | 189K | -39.1M | -20.6M | -13.4M | -9.9M | -31.8M | -31.6M | -28.1M | -24.8M | -40M | -41.4M |
| Income tax | 2.5M | 1.1M | 1.4M | 3.4M | 4.9M | 3M | 4M | 4.2M | 1.8M | 3M | -3.2M | 5.4M |
| Net income | -23M | -898K | -40.5M | -23.9M | -18.3M | -13M | -35.8M | -35.8M | -29.9M | -27.8M | -36.9M | -46.8M |
| Net margin | -18.8% | -0.58% | -35.5% | -18.4% | -12.4% | -8.2% | -26.2% | -23.5% | -18.5% | -16% | -21.3% | -26% |
| EBITDA | -26.2M | 31.2M | -44.7M | -26M | -20.9M | 24.2M | -41.3M | -34M | -33M | 10.8M | -40.1M | -33.5M |
| EPS | -0.21 | -0.01 | -0.37 | -0.21 | -0.16 | -0.12 | -0.32 | -0.32 | -0.26 | -0.24 | -0.32 | -0.41 |
| Diluted EPS | -0.21 | -0.01 | -0.37 | -0.21 | -0.16 | -0.12 | -0.32 | -0.32 | -0.26 | -0.24 | -0.32 | -0.41 |
Annual history by fiscal year; click a table row below to chart a different metric.
Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | 707.7M | 1.3B | 1.5B | 2.4B | 5.1B | — | 2.6B | 4.9B | 5B | 3.8B | 5.5B |
| Enterprise value | 593.9M | 1.2B | 1.4B | 2.3B | 5.1B | — | 2.2B | 4.7B | 5.1B | 3.4B | 5.1B |
| Shares outstanding | 79.2M | 82.4M | 87.1M | 90.8M | 94.3M | 105.3M | 109.3M | 109.1M | 111.7M | 114.4M | 114.4M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | — | — | — | — | -42.4 |
| P/S | 4.27 | 6.19 | 5.68 | 9.25 | 17.6 | — | 5.52 | 9.9 | 9 | 6.02 | 7.72 |
| P/B | 8.55 | 11.6 | 12.2 | 25.1 | 54.7 | — | 5.21 | 10.1 | 10.9 | 6.27 | 12 |
| EV/EBITDA | -69.1 | -100.9 | -56.4 | -33.7 | -75.4 | — | -21.9 | -64.7 | -77.4 | -37.1 | -39.3 |
| EV/Sales | 3.58 | 5.56 | 5.09 | 9 | 17.5 | — | 4.65 | 9.46 | 9.34 | 5.38 | 7.47 |
| Earnings yield | — | — | — | — | — | — | — | — | — | — | -2.36% |
| FCF yield | 0.5% | 0.83% | 0.91% | -1.53% | -0.31% | — | 0.02% | 1.1% | 2.05% | 3.52% | 2.52% |
| PEG | — | — | — | — | — | — | — | — | — | — | -1.51 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 90.5% | 90.4% | 89.8% | 86.2% | 84.9% | 84.8% | 85.3% | 85.6% | 83% | 78.8% | 75.3% |
| Operating margin | -7.23% | -6.23% | -10.8% | -29.9% | -26.8% | -25.3% | -25.6% | -23.5% | -21.4% | -23.5% | -22.6% |
| Net margin | -8.56% | -6.43% | -10.6% | -31% | -32.1% | -30% | -26.3% | -20.2% | -17.4% | -20.7% | -20.5% |
| ROE | -17.2% | -12.1% | -22.8% | -84.2% | -99.9% | -19.6% | -24.8% | -20.6% | -21% | -21.6% | -36% |
| ROA | -7.81% | -5.64% | -10% | -24.7% | -16.9% | -10.5% | -11.9% | -9.14% | -5.75% | -7.22% | -5.72% |
| ROIC | 38.6% | 61.2% | 86.9% | -252.3% | -114% | -107.5% | -140.8% | -43.8% | -18.3% | -73.5% | -57.7% |
| Return on tangible assets | -7.81% | -5.64% | -10% | -24.7% | -18.9% | -11.1% | -12.6% | -9.56% | -5.92% | -8.69% | -12.7% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.94 | 1.94 | 1.77 | 1.35 | 2.3 | 4.53 | 3.96 | 2.5 | 1.24 | 1.97 | 1.65 |
| Quick ratio | 1.94 | 1.94 | 1.77 | 1.35 | 2.3 | 4.53 | 3.96 | 2.5 | 1.24 | 1.97 | 1.65 |
| Debt / equity | — | — | 0 | 0.61 | 2.9 | 0.51 | 0.63 | 0.64 | 1.66 | 0.87 | 1.19 |
| Debt / assets | — | — | 0 | 0.18 | 0.49 | 0.27 | 0.3 | 0.28 | 0.45 | 0.29 | 0.31 |
| Net debt / EBITDA | — | — | 6.51 | 0.93 | 0.37 | 5.31 | 4.13 | 3.04 | -2.8 | 4.42 | 1.9 |
| Interest coverage | — | — | — | — | -13.1 | -34 | -34 | -26.2 | -17.2 | -16.7 | -16.7 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 2.09 | 2.61 | 3.1 | 2.8 | 3.1 | 3.7 | 4.33 | 4.57 | 4.93 | 5.45 | 5.94 |
| EPS (basic) | -0.22 | -0.17 | -0.33 | -0.87 | -1 | -1.11 | -1.14 | -0.92 | -0.86 | -1.13 | -1.13 |
| EPS (diluted) | -0.22 | -0.17 | -0.33 | -0.87 | -1 | -1.11 | -1.14 | -0.92 | -0.86 | -1.13 | -1.22 |
| Book value per share | 1.04 | 1.39 | 1.44 | 1.03 | 1 | 5.67 | 4.59 | 4.49 | 4.08 | 5.23 | 3.87 |
| FCF per share | 0.04 | 0.13 | 0.16 | -0.4 | -0.17 | -0.03 | 0 | 0.5 | 0.91 | 1.15 | 1.03 |
| Cash per share | 1.44 | 1.66 | 1.83 | 1.33 | 3.16 | 7.67 | 6.7 | 4.89 | 5.09 | 8.05 | 6.08 |
| Capex per share | 0.05 | 0.06 | 0.11 | 0.28 | 0.11 | 0.1 | 0.1 | 0.05 | 0.06 | 0.03 | 0.03 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 2.3% | 2.46% | 3.54% | 9.99% | 3.46% | 2.69% | 2.4% | 1.02% | 1.21% | 0.46% | 0.53% |
| Capex / operating cash flow | 124.3% | 101.1% | 61.3% | -294.5% | -47.4% | 572% | 41.3% | 5.34% | 4.59% | 1.96% | 2.63% |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
| — |
| FY21 | — | -$1.11 | — | — | $390.1M | — |
| FY20 | — | -$1 | — | — | $292.7M | — |
| FY19 | — | -$0.87 | — | — | $254.2M | — |
| FY18 | — | -$0.33 | — | — | $270.3M | — |
| FY17 | — | -$0.17 | — | — | $215.4M | — |
| FY16 | — | -$0.22 | — | — | $165.9M | — |
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $122.3M | $154.1M | $114M | $130.3M | $148.1M | $158.5M | $136.4M | $152.2M | $161.6M | $173.4M | $173.1M | $180M |
| YoY change | -0.81% | +8.05% | +6.23% | +12.9% | +21.1% | +2.87% | +19.6% | +16.7% | +9.12% | +9.37% | +26.9% | +18.3% |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 113.8M | 136.6M | 158.9M | 120.5M | 298.3M | 807.6M | 732.5M | 533.7M | 568.4M | 921M |
| Receivables | 53.9M | 75.6M | 83.2M | 75M | 94.2M | 117.2M | 136M | 169.1M | 192.8M | 242.8M |
| Inventory | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 171.3M | 226.5M | 259.1M | 214.9M | 419.8M | 959.2M | 905.7M | 767.2M | 878.1M | 1.3B |
| Property, plant & equipment | 9.9M | 11.9M | 17.3M | 91.4M | 85.1M | 102M | 95.8M | 85.8M | 76.4M | 93.7M |
| Goodwill & intangibles | — | — | — | 0 | 58M | 54.9M | 51.8M | 48.8M | 46.3M | 303.9M |
| Total assets | 181.8M | 245.6M | 285M | 318.3M | 555.5M | 1.1B | 1B | 1.1B | 1.7B | 1.8B |
| Accounts payable | 1.3M | 635K | 2.6M | 997K | 850K | 5.3M | 3M | 672K | 4.3M | 5.7M |
| Short-term debt | — | — | — | — | — | 8.8M | 9.9M | 10M | 261.4M | 9.7M |
| Total current liabilities | 88.2M | 116.6M | 146.3M | 159.6M | 182.6M | 211.8M | 228.7M | 306.8M | 709.9M | 659M |
| Long-term debt | — | — | 0 | 57M | 273M | 294M | 306.6M | 301.8M | 493M | 512M |
| Total liabilities | 99.1M | 131M | 159.6M | 224.8M | 461.4M | 511.9M | 541.6M | 614.3M | 1.2B | 1.2B |
| Shareholders' equity | 82.7M | 114.6M | 125.4M | 93.5M | 94.1M | 596.6M | 502.1M | 489.6M | 455.7M | 598.7M |
| Total debt | — | — | 0 | 57M | 273M | 302.8M | 316.5M | 311.8M | 754.4M | 521.7M |
| Net debt | — | — | -48.7M | -11.9M | 38.9M | -502.9M | -51.3M | 81.1M | 568.8M | 319.3M |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 525.1M | 533.7M | 548.1M | 627.3M | 879M | 568.4M | 609.2M | 807.4M | 707.9M | 921M | 785.9M | 698.3M |
| Receivables | 111.1M | 169.1M | 100.4M | 122.4M | 119.2M | 192.8M | 123.6M | 149.7M | 142.6M | 242.8M | 156.6M | 150.9M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 686.1M | 767.2M | 707.8M | 816.1M | 1.1B | 878.1M | 818.1M | 1.1B | 961.4M | 1.3B | 1.1B | 997M |
| Property, plant & equipment | 87.1M | 85.8M | 81M | 77.3M | 74.3M | 76.4M | 74.6M | 74.8M | 93.9M | 93.7M | 96.6M | 102.1M |
| Goodwill & intangibles | 49.6M | 48.8M | 48M | 47.3M | 46.5M | 46.3M | 91.5M | 91.2M | 305M | 303.9M | 546.8M | 542.2M |
| Total assets | 1B | 1.1B | 1.1B | 1.1B | 1.5B | 1.7B | 1.6B | 1.6B | 1.7B | 1.8B | 1.6B | 1.7B |
| Accounts payable | 1.3M | 672K | 2.9M | 2.5M | 1.5M | 4.3M | 6.3M | 7.1M | 5.3M | 5.7M | 10.8M | 12.3M |
| Short-term debt | — | 10M | — | — | 251.6M | 261.4M | 250.9M | 251.1M | — | 9.7M | — | — |
| Total current liabilities | 266.6M | 306.8M | 297.2M | 334.5M | 594M | 709.9M | 710.1M | 771.4M | 531.9M | 659M | 638.6M | 605.9M |
| Long-term debt | 301.5M | 301.8M | 298.9M | 296.7M | 493.4M | 493M | 491.3M | 491.1M | 511.7M | 512M | 511.2M | 516.1M |
| Total liabilities | 576.1M | 614.3M | 601.3M | 636.2M | 1.1B | 1.2B | 1.2B | 1.3B | 1.1B | 1.2B | 1.2B | 1.2B |
| Shareholders' equity | 444.6M | 489.6M | 452.3M | 458.6M | 428.6M | 455.7M | 367.7M | 341.5M | 604.8M | 598.7M | 453.5M | 444.5M |
| Total debt | 301.5M | 311.8M | 298.9M | 296.7M | 745M | 754.4M | 742.2M | 742.3M | 511.7M | 521.7M | 511.2M | 516.1M |
| Net debt | 190.3M | 81.1M | 151.8M | 141.3M | 462.8M | 568.8M | 589.1M | 543M | 354.3M | 319.3M | 331.9M | 282.5M |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -14.2M | -13.8M | -28.6M | -78.8M | -94M | -116.9M | -124.5M | -100.9M | -95.8M | -129.3M |
| Depreciation & amortization | 2.2M | 3.3M | 4.2M | 6.3M | 10.2M | 10.9M | 12.2M | 11.7M | 11.1M | 12.3M |
| Stock-based compensation | 12.9M | 19.8M | 35M | 46.1M | 68.6M | 109.8M | 142.9M | 139.8M | 126.7M | 130.2M |
| Change in working capital | -7.4M | -16.7M | -8.1M | -5M | -32M | -31.2M | -36.1M | 12.4M | 31.1M | 7.2M |
| Operating cash flow | 3.1M | 5.2M | 15.6M | -8.6M | -21.4M | 1.8M | 27.5M | 95.5M | 145.9M | 147.4M |
| Capital expenditure | -3.8M | -5.3M | -9.6M | -25.4M | -10.1M | -10.5M | -11.4M | -5.1M | -6.7M | -2.9M |
| Investing cash flow | -12.3M | -20M | -40.2M | 33.3M | -57.4M | 54.4M | -374.3M | -143.1M | -525.6M | 11.8M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | 0 | -56.4M | -43.5M | 0 | -115M |
| Financing cash flow | 0 | — | 0 | 0 | 216M | 499M | -87.5M | -64.9M | 355.8M | -144.3M |
| Net change in cash | -9.2M | -14.8M | -24.6M | 24.7M | 137.2M | 555.2M | -434.3M | -112.5M | -23.9M | 14.9M |
| Free cash flow | 3.5M | 11M | 14M | -36.1M | -16M | -3.3M | 475K | 54.3M | 101.9M | 131.9M |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -23M | -898K | -40.5M | -23.9M | -18.3M | -13M | -35.8M | -35.8M | -29.9M | -27.8M | -36.9M | -46.8M |
| Depreciation & amortization | 2.9M | 3M | 2.9M | 2.9M | 2.8M | 2.6M | 2.4M | 2.6M | 3M | 4.3M | 4.4M | 7.2M |
| Stock-based compensation | 33M | 31.6M | 32.1M | 30.1M | 31.9M | 32.6M | 32.3M | 33.9M | 31.6M | 32.6M | 33.7M | 34.6M |
| Change in working capital | 1.4M | -28.2M | 67.1M | -3.6M | 13M | -33.1M | 59.9M | -19.8M | 765K | -33.8M | 57.6M | -14.2M |
| Operating cash flow | 22.1M | 12.2M | 72.4M | 11.5M | 35.2M | 26.9M | 73.6M | 21.3M | 33.4M | 24.7M | 55M | 25.1M |
| Capital expenditure | -342K | -2.2M | -297K | -819K | -1.2M | -4.4M | -2.3M | -650K | -1.5M | -384K | -1M | -672K |
| Investing cash flow | -263.3M | 110.3M | -112M | -5M | -289.2M | -119.4M | -24.7M | 74.8M | -80.2M | 39.9M | 68.3M | 40.6M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | -35.9M | 0 | 0 | 0 | 0 | 0 | -61.3M | -38.7M | 0 | -15M | -135M | 0 |
| Financing cash flow | -36.5M | -1.4M | -34.9M | -1.7M | -56.2M | -1.5M | -82.6M | -45.2M | -631K | -15.7M | -152.4M | -7M |
| Net change in cash | -277.7M | 121.1M | -74.5M | 4.7M | -310.2M | -94M | -33.8M | 51M | -47.5M | 48.8M | -29M | 58.7M |
| Free cash flow | 6M | 8.3M | 56.4M | 10.9M | 14.6M | 19.9M | 65.3M | 17.3M | 28.9M | 20.4M | 49M | 20M |